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Latest Stories and News

Data storage company Cohesity raises $250 million at a $2.5 billion valuation

  • VentureBeat
  • 1 month ago
  • Enterprise data storage startup Cohesity has raised $250 million in a series E round of funding. This takes Cohesity’s total money raised to more than $650 million, including its SoftBank-led $250 million series D round back in 2018, and gives it a valuation of $2.5 billion — more than double the figure at its previously valuation two years ago.
  • Cohesity’s latest round of funding was led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital, with participation from Sequoia Capital, SoftBank Vision Fund 1, Hewlett Packard Enterprise, Cisco Investments, Baillie Gifford, and Sozo Ventures.
  • Founded in 2013, San Jose-based Cohesity offers what is known as “secondary” data storage, which is aimed at non-mission critical data such as backups, development copies, and analytics — it’s not as quick to access, but it is a more efficient and cheaper way of storing data.
  • With its latest cash injection, Cohesity said that it plans to double down on its R&D investment, and push its growth both domestically and internationally.
Data storage company Cohesity raises $250 million at a $2.5 billion valuation

Sisense nabs another $100m at a $1B+ valuation for its big data business analytics solutions

  • TechCrunch
  • 4 months ago

Sisense, an enterprise startup that has built a business analytics business out of the premise of making big data as accessible as possible to users — whether it be through graphics on mobile or desktop apps, or spoken through Alexa — is announcing a big round of funding today and a large jump in valuation to underscore its traction.

The company has picked up $100 million in a growth round of funding that catapults Sisense’s valuation to over $1 billion, funding that it plans to use to continue building out its tech, as well as for sales, marketing and development efforts.

For context, this is a huge jump: The company was valued at only around $325 million in 2016 when it raised a Series E, according to PitchBook. (It did not disclose valuation in 2018, when it raised a venture round of $80 million.) It now has some 2,000 customers, including Tinder, Philips, Nasdaq and the Salvation Army.

Sisense nabs another $100m at a $1B+ valuation for its big data business analytics solutions

Brian Lovell

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Growth Hacker at DFJ Growth

Roger Cole

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Finance/Accounting at DFJ Growth

Vineet Mehta

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